Articles tagged with Red Tape

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Simplified Process: New Reforms Make Opening Bank Accounts for Children Easier

07 Jul 2025 | 1 year ago | 2106 views

Associate Justice Minister Nicole McKee is making changes to the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act that will make it easier for parents to open bank accounts for their children. “Opening a bank account for children should be a simple and positive step toward teaching them the value of saving. Unfortunately, regulations designed to prevent serious crimes can make the process unnecessarily difficult,” says Mrs McKee.

Tags: Nicole McKee Minister bank accounts children regulations reforms banks New Zealanders red tape

Kiwi Red Tape Woes: Outdated Probate Threshold Causes Delays in Estate Administration

20 Jun 2025 | 1 year ago | 2083 views

Regulation Minister David Seymour says that red tape is giving Kiwis serious headaches, and the Red Tape Tipline has received over 750 submissions. “A submitter to the Ministry for Regulation’s Red Tape Tipline has complained that the threshold for probate has not kept up with inflation. This means that more Kiwis have to go through the tedious legal process that is probate, while they are mourning,” Mr Seymour says.

Tags: Administration All blacks Cabinet David seymour High court Justice Ministry Ministry for regulation New zealand Paul goldsmith Red tape tipline Regulation Regulations Rugby world cup Seymour